BURLINGAME, CALIFORNIA / AGILITYPR.NEWS / October 11, 2022 / MEDIA ADVISORY

CalCPA 2022 Farmers Tax and Accounting Virtual Conference to Focus on How California Agriculture is Adapting to New Realities

WHY: A CPA’s knowledge and experience can make a big difference in the business affairs of farmers and those in the agriculture industry. Learn how to resolve complex tax, audit and operational challenges. This conference will ensure that you stay current on accounting and economic trends, incentives, and key tax and audit developments surrounding the agriculture industry.

VIEW LAST YEAR’S VIDEO

WHEN: November 8, 2022 from 8:00 a.m. to 12:00 Noon p.m. PST - November 9, 2022 8:00 a.m. to 12:00 Noon PST

WHERE: LIVE, WEBCAST – Go to: calcpa.org/ag for updates and to register

WHAT: Join us for this two-day Farmers Tax and Accounting Virtual Conference where agribusiness experts tackle pressing issues such as:

DAY 1: November 8, 2022 (8:00 a.m. to 12:00 Noon PST)

Tax Update will cover regarding the recently enacted “Inflation Reduction Act.” Also, the session addresses several recent cases and IRS developments of importance to practitioners. Selected like-kind exchange issues involving the definition of real estate are covered as well as the problem presented when there is an imbalance of Section 1245 and/or 1250 property in the exchange. The session also briefly addressed the uniform capitalization rules as applied to ag clients as well as the proper reporting of farmland and building lease income and the issue of self-rents. 

Estate Planning / Succession Planning will cover: Considerations of each; size, family dynamics. Also, examples of different scenarios for exit strategies; M&A best practices in getting the deal done and post-close integrations; Business strategy ideas.

AG Tax Credits will cover employee retention credits; solar tax credits; carbon credits, energy credits (i.e. bio fuel, ethanol), work opportunity tax credits, focus on implementation and research and development (R&D) 

Funding Programs will explore What to do and how to evaluate if you are in the right programs; USDA Programs (federal); PG&E programs and CDFA programs (state) 

Accounting and industry trends

DAY 2: November 9, 2022 (8:00 a.m. to 12:00 Noon PST)

Policy Update will cover this informative session on: Policy update – recent/pending legislation; Farmer incentives/opportunities around the carbon market; Current and pending regulatory issues impacting farmers; and Ag advocacy and the “long game” – what issues are dormant that farmers need to be aware of?

Regulatory Update will cover ESG reporting overview; Sustainability farming; Timeline; Banking and Data capturing.

AG Economy and Lending Update

Implementing the Sustainable Groundwater Management Act (SGMA) in the Central Valley; Perspectives from a Water Lawyer and District Manage will cover learning objective that include: Definitions of key terms of art related to SGMA; Basic understanding of SGMA requirements; Understanding the role of the state, local districts, and individual landowners with SGMA implementation; Understanding the impact of SGMA on land values; and the General picture of the costs to the marketplace.

Co-Ops will explore: Overview of types of co-ops ; Exempt vs. Non-exempt; Benefits for growers by selling to existing co-ops; Business strategy ideas and How to create a co-op. 

Labor Law will discuss: Update on labor law issues; New NLRB changes; Farmer’s rights; CalSavers and Best practices to avoid associated issues. 

WHO: Expert speakers include for this two day session:

COLE MARR, Director, Research Tax Credit Services | Sensiba San Filippo

ARIANE WOODS, Manager, Research Tax Credit Services | Sensiba San Filippo

ROGER MCEOWEN, Kansas Farm Bureau Professor of Agricultural Law | Taxation at Washburn University School of Law

JENNIFER SPALETTA, Owner | Spaletta Law PC

ALEJANDRO MENDEZ, Managing Director | Deloitte & Touche LLP

IAN WIELAND, Founder and Shareholder | Sagaser, Watkins and Wieland

JOSH BAKKE, CPA, Senior Manager | Moss Adams

CURT COVINGTON, Sr. Director, Institution Credit | AgAmerica Lending

DAN BARTEL, Engineer, Manager | Rosedale-Rio Bravo Water Storage District

EMILY ROONEY, President | Agricultural Council of California

ERIC KRIENERT, Partner | MOSS ADAMS LLP

AARON MARTINEZ, Director | Moss Adams

TRAVIS WILEY, Partner | Moss Adams

BARTLETT DURAND, Managing Member | Local Choice Marketing

SONNY GROVER, CPA, Executive Vice President, Alliantgroup

MARK SHERIN, Partner with WCP Private Wealth Advisors

MARTIN S. JOHNSON, Estate and Succession Planning Specialist with Sagemark Consulting/Lincoln Financial Advisors  

About CalCPA

CalCPA traces its heritage to 1903 when the California State Society of Certified Public Accountants was organized. In 1909, it merged with two other state CPA associations to form CalCPA. CalCPA serves more than 40,000 professional and student members in public practice, private industry, academia, and government, and has 14 chapters across California. CalCPA also offers more than 1,400 live courses, conferences, webcasts, and on-demand self-study courses annually. More information is available online: www.calcpa.org.

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calcpa.org/ag

http://conferences.calcpa.org/farmers-tax-accounting-conference/